Quibids is a Ripoff-Do Not Even Try to Bid-You Cannot Win, Internet

No. Online gambling is illegal and QuiBids does not partake in this kind of activity. Gambling implies the uncontrollable element of chance, and because every auction on QuiBids is customer-driven, there is no act of randomness.

QuiBids hosts a Buy Now feature on every auction.  This assures that no user, having participated in a particular auction, will ever have to walk away without either winning the auctioned item or purchasing it at the listed price.

QuiBids is accredited by the Better Business Bureau and has recently passed an independent third-party audit of our integrity and internal controls. This PDF file explains the audit in full detail:

http://www.quibids.com/static/productimages/files/QuiBids_Grant%20Thornton-FINAL%20Report_2011.pdf

We try to provide as much information upfront to inform potential customers that QuiBids is a pay-to-participate site. Each bid costs just $0.60. These bids are pre-paid and placed in your Bids Account. Each time you place a bid, your Bids Account is deducted one bid. Once a bid is placed the auction price will go up in one cent increments. A maximum of 20 seconds is also added to the timer every time someone bids. This gives enough time for someone else to make the decision to bid if they're interested. This is similar to the “Going once...Going twice...SOLD!” approach of traditional auctions.

If you are the top bidder when the timer reaches zero, you win! You will then pay the ending auction price as well as the cost of shipping. If you do not win, you lose your bids that have been placed; however, we offer a "Buy Now" feature on all auctions. When you use our “Buy Now” feature, we subtract the cash value of the bids you’ve placed (excluding voucher bids) from the value price of the item, and you only have to pay the difference.

Please feel free to email us at support@quibids.com or call 1-855-QUIBIDS (784-2437) or 405-253-2038 anytime Monday-Friday 9AM-5PM CST and we will be happy to further assist you!

People can use Quibids as they see fit but please do not insult us by trying to pretend there are any ethics involved.

It is in no way an auction.  When was the last time you went to an auction, bid on something, didn't get it and had to pay money anyway.  This is not an auction.

Sure, you have the option to buy, but at full retail price.  You can do far better than that almost anywhere. Besides, Quibids is not an authorized dealer so you may well not have a warranty on whatever you purchase.

Lastly, read the 3rd paragraph in the attached PDF provided by the Quibids employee,  a classic disclaimer.


http://www.quibids.com/static/productimages/files/QuiBids_Grant%20Thornton-FINAL%20Report_2011.pdf

I have no idea why this outfit is legal but they have found a slick way to get by the gambling laws.

Didn't they WARN or at least inform you that this is a GAMBLING website and is for ENTERTAINMENT purposes only? Or do you feel they implied this was a good smart wise alternative to conventional retail shopping LOL?

We are truly sorry to hear this is your impression of QuiBids. A maximum of 20 seconds is added to the timer every time someone bids. This gives enough time for someone else to make the decision to bid if they're interested. This is similar to the Going once...Going twice...SOLD! approach of traditional auctions.  If you are the top bidder when the timer reaches zero, you win! 

We are proud to inform you that all practices involving QuiBids are in no way illegitimate. QuiBids recently passed an independent third-party audit of our integrity and internal controls. The following PDF file explains the audit in full detail: http://www.quibids.com/static/productimages/files/QuiBids_Grant%20Thornton-FINAL%20Report_2011.pdf

QuiBids is also a BBB accredited business and has been since September 22, 2010. We are very proud of our A- rating with the BBB. For more information regarding our BBB accreditation, please follow this link: http://www.bbb.org/oklahoma-city/business-reviews/penny-auctions/quibids-in-oklahoma-city-ok-90016706  

When bidding in auctions on QuiBids, you never have to lose!  Though bids placed in auctions are not returned, you never have to lose an investment. If you win an auction, you will have the opportunity to obtain the item for up to 90% off retail!  If you lose in an auction, the Buy Now feature is available in every auction so that you can apply your investment towards the total value of the item. For example, if you bid an investment of $30 in an auction for an item valued at $50 and do not win, you may apply this investment towards the Value Price of an item when utilizing the Buy Now feature. So, in this case you have the opportunity to pay an additional $20 to receive the item at it's valued price. This feature ensures that QuiBids users always have the option to receive an item when participating in an auction, and never have to lose any money invested. By winning auctions and always utilizing the Buy Now feature in auctions that are not won, you will always be saving money on QuiBids. Hopefully this helps provide some clarification regarding your issue! Please don't hesitate to contact support@quibids.com with any other questions or concerns you may have. 

Just like an auction. But the biggest difference is with a legitimate auction you do not have to pay for your bids if you lose. Hmm...if you do pay even if you lose it would seem a little more like.....gambling? You think?

Granted they may give you the option to buy the item at what they set the value at but that to me does not seem like a very good alternative to conventional "shopping".

To the OP...do not bluff. Write to the  A.G. and send all evidence with a paper trail.

I would have nothing against these "penny auctions" if they were not actually a guise for online gambling. Why should they be able to get away with it? Especially with the deception they use to sucker in more gamblers..I mean "members".